SEARCH   
MEMBER LOGIN    

Hearing Aid Clinics in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hearing Aid Clinics Market Research Report | Life Sciences | Healthcare Services | Jun 2013

Loud and clear: An aging population and greater healthcare access will ring in demand

IBISWorld’s Hearing Aid Clinics market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
-0.2%
Annual Growth 13-18
Purchase to read more
Profit
Purchase to read more
Employment
15,501
Businesses
5,157
Industry Analysis & Industry Trends

The Hearing Aid Clinics industry has contracted slightly during the past five years as declines in insurance coverage and consumer income combined with rising hearing aid prices. During the next five years, however, the industry is expected to improve, largely due to the implementation of the Patient Protection and Affordable Care Act. In addition, the number of individuals suffering from hearing deficiencies is expected to remain high as a result of the diabetes epidemic, the rising use of mobile music devices and an aging US population.... purchase to read more

Industry Report - Starting a New Business Chapter

The barriers to entry in the Hearing Aid Clinics industry are low, since offices are typically small with relatively inexpensive capital requirements. The most basic industry operator is a sole proprietorship, which has very low start-up costs and can bypass the industry's rent costs if the owner operates a mobile service that does house calls. This sort of operation is possible due to portable audiometers operable with a laptop. Indeed, computers and audiometers are operators' most expensive pieces of equipment, but they do not constitute major barriers to entry since they cost several thousand dollars apiece.

In general, a hearing aid clinic's most valuable resource is its employees, and a start-up must find and pay accredited audiologists and technicians... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hearing Aid Clinics Industry?

This industry retails hearing aids for consumers of all demographics and ages. Industry operators often provide hearing tests and consultation services within the store as well.

Industry Products
Analog hearing aidsDigital hearing aidsBatteries and accessories
 
Industry Activities
Selling hearing aid devicesProviding audiology examinationsProviding hearing consultation services


View Sample
Quote
Select Clients